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Technology Stocks : Concurrent Computer (CCUR) -- Ignore unavailable to you. Want to Upgrade?


To: Rock who wrote (11952)12/15/1999 1:10:00 PM
From: ENOTS  Read Replies (1) | Respond to of 21143
 
I have to say maybe! but if the past action holds true to form we make a run soon! I never thought the stock would drop on good news,,,,
but the day has a while to run! NASDAQ now up 36 so you can't blame that! I still say a big order is in hand and they are getting the stock together by dropping the price! I also feel for the sellers, especially if we shoot back up, which I suspect will happen! What was our mantra a while back, suddenly and violently UP... JMO enots!



To: Rock who wrote (11952)12/15/1999 1:36:00 PM
From: DEER HUNTER  Respond to of 21143
 
Rock.... the fundamentals have come together with a few minor cross currents but nothin to worry about IMO. It's all a technical thing now.... same ole same ole....buyers and sellers battling it out as usual.

The stock .....as of yesterdays close was only 7% off the all time high made this week. Hardly anything to worry about .....i think some are expecting way too much at this time. The stock can easily go into a new trading range....kinda like what Sam was talking about earlier this month. Of course no one knows for sure.

The stock is technically very stong with 5 consecutive new all time highs made this week and last. It remains in an up channel but loosing some steam ..... there was a minor ....and i stress minor non-confirmation on a relative strength basis and OBV made new highs on this run but only by a smiggin.

The short term barometer i follow last registered a buy on 10/6 at 8 3/16.... still on that buy signal but trying to roll over. At some point this indicator MUST turn down and my guess is it is soon...... a bull run like this stock has had resembles the run from 3 to 7 1/2.... the excesses will have to be worked off. Look for this event to begin after say two to three days of trading where new highs are not made. Then let it do what it wants to do and load the boat.... the next two years should see a move into the high thirties....low fortys is my guess. I have no forecast for support yet ..... same old thing.... no pattern has emerged yet...at least as far as i can see. That's my two to three cents.

dh